£411,386
This estimated value is based upon the latest sale price for the house of £415,000 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
| Price Paid | Date |
|---|---|
| £415,000 | 13 Jan 2023 |
| £225,000 | 4 Oct 2013 |
| £217,000 | 2 Apr 2007 |
| £145,000 | 29 Aug 2002 |
| £74,995 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £415,000 results in an estimated price of approximately £411,386.
| 13 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £415,000 | £-3,613 | £411,386 |
The Postcode Pricing Model uses changes in average sales price within the RM12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -20.863 % | £-86,582 | £328,417 |
| 3 Month Average | 3.385 % | £14,047 | £429,047 |
| 6 Month Average | -3.706 % | £-15,381 | £399,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £398,772 | £395,000 | 22 PEREGRINE WALK |
| 26 Jul 2023 | £416,439 | £412,500 | 7 CONDOR WALK |
| 28 Apr 2023 | £433,220 | £430,000 | 51 SWALLOW WALK |
| 22 Feb 2023 | £398,117 | £400,000 | 33 PEREGRINE WALK |
| 7 Feb 2023 | £437,929 | £440,000 | 43 SWALLOW WALK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Jul 2013. Using an estimated price of £411,386 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on CORMORANT WALK is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Heron Flight Avenue |
| Feb 2024 | Anti-social behaviour | On or near Kestrel Close | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Fulmar Road |
| Apr 2024 | Anti-social behaviour | On or near Eagle Close | |
| Mar 2024 | Anti-social behaviour | On or near Eagle Close |